Marks Group Wealth Management Inc Has $36.95 Million Stock Holdings in Alphabet Inc. $GOOG

Marks Group Wealth Management Inc lessened its stake in Alphabet Inc. (NASDAQ:GOOG) by 6.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 151,704 shares of the information services provider’s stock after selling 9,682 shares during the quarter. Alphabet accounts for approximately 3.4% of Marks Group Wealth Management Inc’s holdings, making the stock its biggest position. Marks Group Wealth Management Inc’s holdings in Alphabet were worth $36,948,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Norges Bank bought a new position in shares of Alphabet in the second quarter worth approximately $4,298,572,000. JPMorgan Chase & Co. increased its position in shares of Alphabet by 8.6% during the third quarter. JPMorgan Chase & Co. now owns 99,529,742 shares of the information services provider’s stock valued at $24,240,469,000 after acquiring an additional 7,904,434 shares in the last quarter. Vanguard Group Inc. raised its holdings in Alphabet by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 416,753,033 shares of the information services provider’s stock worth $73,927,821,000 after acquiring an additional 5,182,111 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in Alphabet by 73.5% in the 3rd quarter. Assenagon Asset Management S.A. now owns 9,808,152 shares of the information services provider’s stock valued at $2,388,775,000 after acquiring an additional 4,154,929 shares in the last quarter. Finally, Laurel Wealth Advisors LLC boosted its stake in Alphabet by 17,547.9% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,122,727 shares of the information services provider’s stock valued at $731,331,000 after purchasing an additional 4,099,366 shares during the last quarter. Institutional investors own 27.26% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Weiss Ratings restated a “buy (b)” rating on shares of Alphabet in a research note on Wednesday, January 21st. Scotiabank reiterated an “outperform” rating and issued a $400.00 price objective (up from $375.00) on shares of Alphabet in a report on Thursday, February 5th. Pivotal Research reissued a “buy” rating and issued a $420.00 target price (up from $400.00) on shares of Alphabet in a research report on Thursday, February 5th. Barclays raised their price target on shares of Alphabet from $250.00 to $315.00 and gave the company an “overweight” rating in a report on Thursday, October 30th. Finally, BNP Paribas Exane began coverage on shares of Alphabet in a research note on Monday, November 24th. They issued an “outperform” rating for the company. Nine research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $343.90.

Insider Buying and Selling

In related news, CAO Amie Thuener O’toole sold 2,778 shares of Alphabet stock in a transaction on Monday, December 15th. The stock was sold at an average price of $312.30, for a total transaction of $867,569.40. Following the transaction, the chief accounting officer directly owned 8,962 shares in the company, valued at approximately $2,798,832.60. The trade was a 23.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder 2017 Gp L.L.C. Gv sold 1,845,308 shares of the business’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $19.00, for a total value of $35,060,852.00. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,112,482 shares of company stock valued at $119,145,289 in the last 90 days. 12.99% of the stock is owned by company insiders.

Key Stories Impacting Alphabet

Here are the key news stories impacting Alphabet this week:

• Positive Sentiment: Alphabet is folding robotics‑software maker Intrinsic into Google, consolidating talent and tech from its “Other Bets” unit into the core business — a move that accelerates Google’s push into physical AI and could shorten commercialization timelines for robotics use cases. Former Alphabet ‘moonshot’ robotics company Intrinsic is folding into Google
• Positive Sentiment: Waymo is expanding on‑road testing to Chicago and Charlotte, signaling continued scaling of Waymo’s robotaxi commercialization efforts — potential long‑term revenue optionality and clearer path to monetization. Waymo to begin testing in Chicago and Charlotte
• Positive Sentiment: Gemini adoption is broadening: Samsung’s S26 demos show Gemini autonomously operating third‑party apps, underscoring device partnerships that expand distribution and revenue leverage for Google’s AI stack. Samsung’s S26 gives an advance look at what the Google-powered Apple Siri could do
• Positive Sentiment: Google announced a major clean‑power/data‑center push (1.9GW) including a 100‑hour iron‑battery, and related utility deals — improves energy resilience and long‑term margin/cost profile for hyperscale data centers. Google’s new 1.9GW clean energy deal includes massive 100-hour battery
• Positive Sentiment: Wells Fargo upgraded Alphabet to a stronger rating, supporting bullish analyst sentiment that can attract flows and underwrite higher multiples. Wells Fargo upgrades Alphabet (GOOG)
• Positive Sentiment: Analysis highlighting Alphabet’s hidden assets (stakes in Anthropic and SpaceX) reinforces a view of embedded upside beyond core Search/Cloud performance. Alphabet’s Quiet Edge: The Hidden Assets Powering Its Run
• Neutral Sentiment: Reuters reports Google will test showing rivals’ vertical search results more prominently across Europe to try to head off an EU antitrust fine — a pragmatic regulatory response but one that underscores ongoing legal risk in the region. Exclusive: Google to test changes to search results, source says as EU fine looms
• Neutral Sentiment: Google said it disrupted a China‑linked hacking group that targeted dozens of organizations — improves security posture and brand trust but has limited direct near‑term revenue impact. Google disrupts Chinese-linked hackers that attacked 53 groups globally
• Negative Sentiment: Russia fined Google ~22 million roubles for distributing VPN services on Google Play — a small hit financially but a reminder of geopolitical/regulatory costs in certain markets. Russia fines Google distributing VPN services, TASS reports
• Negative Sentiment: Headline noise: a report of insider selling and periodic short‑interest chatter has pressured sentiment in recent sessions; these items can weigh near‑term momentum even if fundamentals remain strong. Alphabet (NASDAQ:GOOG) Stock Price Down 1% on Insider Selling

Alphabet Price Performance

NASDAQ GOOG opened at $313.03 on Thursday. The company has a 50-day moving average price of $321.36 and a 200-day moving average price of $281.87. Alphabet Inc. has a 52 week low of $142.66 and a 52 week high of $350.15. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $3.79 trillion, a P/E ratio of 28.96, a PEG ratio of 1.82 and a beta of 1.10.

Alphabet (NASDAQ:GOOG) last announced its earnings results on Wednesday, February 4th. The information services provider reported $2.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.59 by $0.23. Alphabet had a net margin of 32.81% and a return on equity of 35.01%. The company had revenue of $113.83 billion during the quarter, compared to analyst estimates of $111.24 billion. During the same period in the previous year, the business posted $2.15 earnings per share. The firm’s quarterly revenue was up 18.0% compared to the same quarter last year. Equities research analysts anticipate that Alphabet Inc. will post 8.89 earnings per share for the current year.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Monday, March 9th. Alphabet’s dividend payout ratio is 7.77%.

Alphabet Profile

Alphabet Inc (NASDAQ: GOOG) is a multinational technology holding company headquartered in Mountain View, California. Formed in 2015 through a corporate restructuring of Google, Alphabet serves as the parent to Google LLC and a portfolio of businesses collectively known as “Other Bets.” Google was originally founded in 1998 by Larry Page and Sergey Brin; Alphabet is led by CEO Sundar Pichai, who oversees Google and the broader company while the founders remain prominent shareholders and influential figures in the company’s history.

Alphabet’s core business centers on internet search and advertising, with Google Search and the company’s ad platforms (including Google Ads and AdSense) generating the majority of revenue by connecting advertisers with consumers worldwide.